Helio Corp 2026年季度报告

OR Indicate by check mark whether the registrant (1) filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reportingcompany or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒ As of March 27, 2026 there were 24,845,965 shares of the registrant’s common stock, no par value per share, outstanding. Table of Contents PART I—FINANCIAL INFORMATION ITEM 1. FINANCIAL STATEMENTS The following unaudited interim condensed consolidated financial statements of Helio Corporation (referred to herein as the“Company,”) are included in this Quarterly Report on Form 10-Q (the “Quarterly Report”). The accompanying unaudited interim condensed consolidated financial statements have been prepared in accordance with accountingprinciples generally accepted in the United States and the rules of the Securities and Exchange Commission (the “SEC”), In theopinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial HELIO CORPORATIONNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS NOTE 1: BUSINESS Helio Corporation (the “Company” or “Helio”) is an aerospace technology, engineering, and research and development (R&D) holdingcompany serving commercial, government, and non-profitorganizations. Heliospace Corporation (“Heliospace”), the Company’swholly-owned subsidiary, is an aerospace company specializing in the design, engineering, assembly and test of space flight qualifiedhardware, providing systems engineering, modeling, analysis, integration and test services for space missions.Heliospace wasincorporated on March6, 2018 in Delaware. The Company’s products include aerospace related hardware, systems, and services for Heliospace designs, fabricates, assembles and tests space qualified hardware, including radar antennas for the NASA Europa Clippermission, antennas for the SunRISE CubeSat constellation, and deployable systems and sensors for numerous lunar landers and theMars Sample Return program. Heliospace also provides systems engineering, integration and test, and mission formulation services,including support for the design, testing, and launch of the James Webb Space Telescope, formulation and design of the Roman SpaceTelescope, Habworlds Observatory, Mars Sample Return, and the Atmospheric Observing System. Our support of science and Change-in-control Transaction On October 3, 2022, Helio was incorporated in Florida, under the name Stirling Bridge Group, Inc. In May of 2023, the Companychanged its name to Web3 Corporation. In January2024, the Company acquired 100% of Heliospace’s common stock shares inexchange for 9,795,733 newly issued shares of common stock of the Company (the “Share Exchange”), and changed its name fromWeb3 Corporation to the Helio Corporation. The Company’s principal executive offices are located at 2448 Sixth Street, Berkeley,CA94710. The transaction was accounted for as a recapitalization of Heliospace as Heliospace was deemed the accounting acquirer. Liquidity The Company has historically funded its working capital, research and development and capital expenditure requirements and othercommitments (including debt service and repayment) from its operating cash flows, debt financing, and issuances of equity. The During the year ended October 31, 2025 and the three months ended January 31, 2026, the Company entered into additional notepayable agreements and convertible note agreements to obtain additional funding (see Note 5). Additional financing or capital The Company is currently engaged in negotiations with prospective lenders regarding potential bridge financing arrangements, andpotential investors for the purchase of convertible notes or equity investments. These discussions are ongoing, and there can be no If completed, the Company expects to use the net proceeds from investments and bridge financing to repay certain outstandingpromissory notesand to support key operational initiatives. These include investments in research and develop